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to fiscal sustainability. the deficit reduction we need in the long run is to stablize the nation's debt load. what we need to do is very clear. that is the good news. the bad news is we have to execute on that. that will be difficult. that's why i think over the next three to six months as we work through these issues the numbers could be softer than we are experiencing now. businesses are going to be very concerned and worried about what is going to happen. >> i want to talk quickly about sandy. you made your estimate i think as the one being quoted the most about $50 billion. what about the impact on the national economy? >> you know, it's going to affect the monthly data so vehicle sales were soft. we already saw that because of the effects of the last few days of october. but by the end of the year certainly by spring this will all iron out. i don't think bottom line sandy is going to have a big impact on the national economy. it's not a game changer at any time. >> all right. mark zandi of moody's analytics the man we always turn to on these fridays. we're going to keep following t
Search Results 0 to 1 of about 2 (some duplicates have been removed)